by Amela Piric

Created on: April 20, 2009   Last Updated: September 29, 2011

A new car is an attraction for only a short period of time.  Happiness that your new car may bring your way is only of temporary duration. Tomorrow already your excitement might be gone and you may start wishing to buy something else in order to achieve the same intensity of happiness and satisfaction.  It could be a new apartment or a new house. 

It is just how human psychology works and how it often goes in life.  After we buy or achieve one thing, we immediately as human beings start wishing for something else.  That is how our lives usually pass by if we do not learn how to enjoy and appreciate what we already have.

Below listed are strong reasons and arguments as to why you should resist the desire to buy a new car.

1. A new car will not alleviate the emptiness you may be feeling in your heart

A new car will not alleviate the emptiness that you may feel inside of you even though it may certainly increase the level of your financial responsibility.  However, buying a new car will certainly be an extra financial burden on your already tight budget in today's insecure times.  It would be better to ask yourself what are you lacking in your life currently that you think your new car will make up for.  Is it love or security that your heart might be yearning for?  Whatever it is, know that any kind of material possessions, your money, a new car or any other purchase will not bring lasting happiness to you.

2. Your new car will depreciate in value over time

We are living in time of economic crisis where we should be avoiding luxuries and concentrating on essentials.  However, even if you have extra money, no economist would advise you to buy a new car in today's times.  A new car is not an investment but a luxury.   As soon as you take it out of the store, the car's value will no longer be the same.   In fact, it will significantly diminish in value during the first year and then continue to decline as years go buy.  In fact, if a year passes by following your purchase, you will no longer be able to regain the same amount of money that you initially invested into it.  Not to mention that if by chance you got into a car accident, you would have to chase after the insurance.  Why have to go through all that hassle if you don't really need to?

3. Sometimes it is wiser to have a reliable rather than a new car that is not tested

It might be wiser to rely on a reliable car that serves you

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